What to know now Interest rates have gone up (some above 4.5%), but current rates are still relatively low compared to historical averages (6+% in the early 2000’s).Higher rates don’t necessarily mean it’s a bad time to buy.Because rates are still volatile, you might see a gap between the rates offered by different lenders, so shop around.Affordability is the key factor. If … [Read more...] about The Morty Report: Welcome Aboard
house hunting
How to Get a Mortgage Pre-Approval
House hunting may be one of the most enjoyable parts of buying a home. However, you might find that you have even more fun when you go the extra mile and get pre-approved for a mortgage first. Getting a pre-approval may help you feel more confident going into the home buying process because you'll know how much house you can afford. It also shows sellers that you’re a … [Read more...] about How to Get a Mortgage Pre-Approval
These Paint Colors Can Add Thousands to a Home’s Pricetag
Hoping to add a few dollars to the selling price of your current home? Then it might be time to break out the rollers, brushes, and painter’s tape. According to a recent study by the folks at Zillow, painting your front door a particular color can increase your home’s selling price by more than $6,000. On the flip side, if you’re looking to score a deal on a home in the … [Read more...] about These Paint Colors Can Add Thousands to a Home’s Pricetag
Your Final Walkthrough: What to Look For and When to Put on the Brakes
You’re almost there, future homeowner! You’ve made a successful offer and sorted out your financing. Your future home appraised well, and it cleared a title search. Now, it’s time for your final walkthrough: one last look around before you officially close this deal. The point of a final walkthrough is to check that the home you’re purchasing is in the condition you expect … [Read more...] about Your Final Walkthrough: What to Look For and When to Put on the Brakes
Wrapping Up Your Home Search This Winter
The weather outside may be frightful. But if you’re ready to buy a home now, there are plenty of excellent reasons to start your home search this winter, and not to delay your home search until the weather warms up. In the U.S., starter home inventory peaks in the last few months of the year, and home prices are at their lowest in January. If you're a first-time homebuyer, … [Read more...] about Wrapping Up Your Home Search This Winter
